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525 Madison Pl; Albuquerque, NM Property Details

525 Madison Pl, Albuquerque, NM is a Condominium that was built in 1980. This property is currently Financed and is not for sale. Our records show that 525 Madison Pl has 2 bedrooms, and 1 bathroom, and a total of 600 square feet. The lot size of 525 Madison Pl is 615 square feet.

Off market
523 Madison Pl SE Albuquerque, NM 87108
$115,000 Listing Price
2 Beds
1 Baths
600 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1980
  • Purchase Price: $111,300
  • Open Loans / Balance: 1 / $78,847
  • Est. Equity / %: $84,153 / 51.63%
  • Gross Yield: 4.623%
  • APN: 1-017-056-360-509-1-29-01-AA
  • Situs County: Bernalillo
  • Length Of Ownership: 17 years, 5 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 3

Structure

  • Floor Cover Type: Carpet
  • Stories: 1
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Fair
  • Roof Type: Flat
  • Roof Cover Type: Tar & Gravel
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 600/SqFt
  • Lot: 615/SqFt
  • Living: 600/SqFt
  • Building: 600/SqFt
  • Ground: 1,200/SqFt
  • Price Per Square Foot: $185.50

Legal Description

  • Description: UNIT 523 OF MADISON PLACE CONDOMINIUMS TOGETHER WITH AN EQUAL UNDIVIDED INTEREST IN THE COMMON ELEMENTS
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Albuquerque Public Schools
  • Lat / Lon: 35.072247 / -106.5924
  • Subdivision: Madison Place Condominums
  • Property Class: Residential
  • County Use Code: RES

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3473
  • Bathroom Fixtures: 3
  • Heating: Forced air unit

HOA

  • H O A One: $215
  • H O A Amount: $215
  • H O A One Name: Madison Place Condominiums
  • H O A One Type: Condo  Owner Association

Ownership Info

523 Madison Pl SE has no associated ownership info
523 Madison Pl SE has no associated ownership info.

Taxes

523 Madison Pl SE has 8 associated Taxes items

525 Madison Pl, Albuquerque, NM pays taxes in Bernalillo County, NM. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $25,631. The APN we've located for 525 Madison Pl is 1-017-056-360-509-1-29-01-AA.

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Taxes
  • Assessed Value:  $25,631
  • Assessed Year:  2026
  • Assessed County:  Bernalillo
  • APN:  1-017-056-360-509-1-29-01-AA
  • Tax Amount:  998.52
  • Tax Year:  2025
  • Market Value:  76900
  • Market Year:  2026

Tax History

523 Madison Pl SE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $25,631 Land Value Improvement Value $25,631 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $998.52 Change Rate -0.263411% Assessed CR Tax Rate
Year 2024 Assessed Value $34,130 Land Value Improvement Value $34,130 Tax Amount $1,355.6 Change Rate -0.012673% Assessed CR Tax Rate +0.039719%
Year 2023 Assessed Value $34,130 Land Value Improvement Value $34,130 Tax Amount $1,373 Change Rate +0.004698% Assessed CR Tax Rate +0.040229%
Year 2022 Assessed Value $34,130 Land Value Improvement Value $34,130 Tax Amount $1,366.58 Change Rate -0.011801% Assessed CR Tax Rate +0.04004%
Year 2021 Assessed Value $34,663 Land Value Improvement Value $34,663 Tax Amount $1,382.9 Change Rate +0.262069% Assessed CR Tax Rate +0.039896%
Year 2020 Assessed Value $27,545 Land Value Improvement Value $27,545 Tax Amount $1,095.74 Change Rate +0.032684% Assessed CR Tax Rate +0.03978%
Year 2019 Assessed Value $26,743 Land Value Improvement Value $26,743 Tax Amount $1,061.06 Change Rate +0.039419% Assessed CR Tax Rate +0.039676%
Year 2018 Assessed Value $26,743 Land Value Improvement Value $26,743 Tax Amount $1,020.82 Change Rate +0.001668% Assessed CR Tax Rate +0.038171%
Year 2017 Assessed Value $25,964 Land Value Improvement Value $25,964 Tax Amount $1,019.12 Change Rate +0.023501% Assessed CR Tax Rate +0.039251%
Year 2016 Assessed Value $25,404 Land Value Improvement Value $25,404 Tax Amount $995.72 Change Rate -0.959629% Assessed CR Tax Rate +0.039195%
Year 2015 Assessed Value $24,664 Land Value Improvement Value $24,664 Tax Amount $24,664 Change Rate +24.255484% Assessed CR Tax Rate +1%
Year 2014 Assessed Value $24,998 Land Value Improvement Value $24,998 Tax Amount $976.58 Change Rate Assessed CR Tax Rate +0.039066%